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Diesel futures pulled back after seven straight days of gains that added about 34 cents per gallon from October 17. The November ULSD contract peaked at $2.4650 and then traded below $2.40, with little new news behind the decline.
Refinery outages and sanctions had contributed to the earlier rally.
A technical pullback eases diesel costs for feed buyers after the sanction-driven rise. Possible OPEC output increases could also offset lost Russian supply.
tacenergy.comOct 28, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
